The following is a sampling—by no means a comprehensive list—of some of the data tools and providers that some corporate law departments are using to manage litigation risks:
- Lex Machina Inc., a litigation research company and division of LexisNexis that develops legal analytics data and software, best known for intellectual property research. Provides data analysis of judges and courts, firms, and parties and individual counsel.
- Wolters Kluwer ELM Solutions introduced a product in November that works like a computer dating service for law departments and outside counsel, using data analytics, artificial intelligence and machine learning based on the company’s large proprietary database of firm invoices, to help in-house counsel select the best law firm to handle each litigation matter. Firms are ranked for performance based on 23 features that are weighted to match the client’s values.
- UniCourt Inc., a subscription-based software-as-a-service company using machine learning based in Tustin, California. Corporate counsel use the company’s data and analytics for a variety of purposes, including to examine how much experience certain attorneys have in certain types of litigation relative to others, for conflict-of-interest checks and to automate the feeding of court data into corporate systems, said CEO and co-founder Josh Blandi.
- CaseMetrix LLC of Atlanta provides data on motor vehicle accident and premises liability verdicts and settlements to law departments in seven states in the southeastern U.S., as well as to plaintiffs and defense attorneys and insurance claims departments. In-house and outside lawyers use the database to research specific types of accidents and injuries within specific jurisdictions “to see how those have traditionally resolved at every level including pre-suit settlements, litigated settlements and jury verdicts” and “to determine whether to settle a case pre-suit or after a suit is filed,” said Kimberly S. White, co-founder and senior vice president of business development.
- Premonition.ai, based in Miami, claims to have the world’s largest litigation database. One, its legal analytics systems evaluates claims that come in to a legal department and codes them like a traffic light, with red, yellow or green according to the plaintiff-friendliness of the court and other factors to signal how the law department should prioritize the claim. Other services claim to predict lawyer performance.
- Xakia Technologies Inc. of Kansas City, Missouri, and Melbourne, Australia, a matter management tool used to help prioritize and track litigation, especially intellectual property litigation, said Jodie Baker, founder and chief executive officer. She is a former attorney and one-time financial analyst at Goldman Sachs.
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